News 1 days ago

Fujairah bunker sales rose by 5% in August

Fujairah
HSFO
LSMGO
VLSFO

Increased sales of VLSFO, LSMGO and HSFO contributed to lift Fujairah’s total bunker sales higher in August than in July, according to data compiled by Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights.


Changes in Fujairah bunker fuel sales from July to August:

  • Total sales up by 5% to 645,000 mt
  • VLSFO sales up by 5% to 429,000 mt
  • HSFO sales up by 5% to 185,000 mt
  • LSMGO sales up by 15% to 30,000 mt


Sales of the most sought-after product, VLSFO, increased by nearly 20,000 mt to reach 429,000 mt in August, marking the highest total since March. The average daily sales of VLSFO in August were approximately 14,000 mt, up from nearly 13,000 mt per day in July.

During the same period, sales of LSMGO and HSFO also rose, with LSMGO sales increasing by about 4,000 mt to 30,000 mt, and HSFO rising by around 10,000 mt to 185,000 mt.

In the first eight months of the year, the port's total bunker sales were 4% higher compared to the same period last year.



Fuel grade share of total sales in August (compared to the year to date):

  • 66% VLSFO 380cst (67% YTD)
  • 0.13% VLSFO 180cst (0.13% YTD)
  • 29% HSFO (28% YTD)
  • 5% LSMGO (4% YTD)
  • 0.03% 0.50% MGO (0.03% YTD)

By Tuhin Roy

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